The OCE Voucher for Commercialization provides financial support to companies attempting to commercialize innovations from Ontario Colleges & Universities as a startup or through licensing.

  • Amount: Up to $50,000 for up to 75% of project costs. 25% provided by applicant in cash and in-kind contributions.
  • Timeline: Applications accepted on an on-going basis. 6-8 week turnaround.
  • Eligibility: Applicant must be pre-recurring revenue or government investment of $250K or less. Projects can be: business/market assessment, prototype design & development, proof of concept demo, early customer engagement & business plan development. Note: Market for project must be $50 million+.
  • Projects: : Technology/innovation assessment, market assessment and strategy, prototype design and development, proof of concept demonstration, business and other plan development.

Recent OCE Voucher Program News:

Canadian Government Funding for Small Business